After "Tectonic" Serra Verde Acquisition, Canaccord Reiterates Buy, Raises Price Target To $32 On USA Rare Earth
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Source: Zero Hedge
Published: 2026-04-23 01:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, China, Asia Pacific
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Snippet:
In a new note out by Canaccord, the firm reiterates its BUY rating on USA Rare Earth and raises its price target to $32 from $29, arguing that the company is rapidly emerging as a cornerstone of a Western rare earth supply chain at a time when geopolitical urgency around reducing dependence on China is intensifying.
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